🚨 NOMURA STOCKS PLUNGE 5% AFTER CRYPTO LOSSES $AUCTION
Japan’s largest investment bank, Nomura, saw shares drop 5.3% after crypto-linked losses hit Q3 earnings.
📌 Key Details
Subsidiary: Laser Digital (Swiss crypto asset trading arm)
Estimated losses: ¥10+ Billion
Impacted quarterly results and investor sentiment
💡 Market Takeaway
Crypto exposure is now a visible drag on traditional financial institutions.
Analysts caution that losses may influence risk appetite in both stocks and crypto markets.
#Nomura #cryptolosses #MarketImpact #Altcoinseason2024 #FinancialNews
